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Jlenok [28]
3 years ago
6

In a particular​ department, 8,200 units were started and all but 800 were completed at the end of the period. These 800 were​ 7

0% complete for materials and​ 30% for conversion costs. Costs added were​ $55,400 for materials and​ $52,100 for conversion costs. What is the total number of equivalent units for direct​ materials?
Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

Equivalent units for direct materials 8,020

Explanation:

To calculate the problem, consider the following information.

Units completed during the year (8200-800) 7,400

+ Ending Work in Process (800*80%) 620

--------------------------------------------

Equivalent units for direct materials 8,020

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Gas is sold for 1.399 per liter in san diego, ca. your car needs 12.00 gallons. how much will your credit card be charged in dol
vovikov84 [41]

The answer is C: $63.54. The credit card will be charged $63.54 in Canadian dollars for 12.00 gallons of gas.

Solution:

Gas is sold per liter in Toronto, Canada for = $1.399

Car needs = 12.00 gallons

12 galloons = 45.4249 liters

Therefore, 45.4249 liters of gas = 45.4249 * 1. 399

                                                      = 63.54

Thus, The credit card will be charged $63. 54 for 12.00 gallons of gas.

The official currency of Canada is the Canadian dollar (sign: $; code: CAD; French: dollar canadien). There is no standard disambiguating form; nevertheless, prominent style guides frequently recommend the abbreviation Can$ to distinguish it from other dollar-denominated currencies. It is abbreviated with the dollar sign $. There are 100 pennies in it.

Gas is sold for $1.399 per liter in Toronto, Canada. Your car needs 12.00 gallons. How much will

your credit card be charged in Canadian dollars?

A) $67.15

B) $16.79

C) $63.54

D) $4.44

Learn more about Canadian dollars here:

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3 0
1 year ago
Broker Nina and Broker Vesta work for Principal Broker Griffin. Vesta is working with Marlin, who is interested in purchasing a
Kay [80]

Answer:

B) Single agency.

Explanation:

In real estate, a single agency relationship means that the broker can only represent one of the parties involved in the transaction, either the buyer or the seller, but he/she cannot represent both parties. Most broker-client relationships are single agencies, since that way the broker should pursuit his/her client's best interest.

In a dual agency relationship, the broker represents both he seller and the buyer.

8 0
3 years ago
Which of the following elements is exclusive to the services marketing mix, and not the traditional marketing mix?a) processb) p
Romashka-Z-Leto [24]

Answer:

a) process

Explanation:

The P's are Product, Pricing, Place, Promotion, People, Process and Physical Evidence and for Traditional Marketing is Product, Pricing, Place and Promotion

7 0
2 years ago
Carlos plans to start a business related to upcoming technologies. He expects rapid growth in his business venture. Although the
ale4655 [162]

Answer:

A. Venture capitalists.

Explanation:

Venture capitalists are private investment firms that makes available funding to start up companies which shows traits of rapid growth, high potential returns while also maintaining a stake in the company. The aim of venture capitalists is to receive high return on their investment in the long run.

The risk involved in being a venture capitalist is high hence they look out for growth potential in would be borrowers while also earning huge profit on successful borrowers in the long run.

Venture capitalist recoup their investment either by receiving fees on the funding provided, earn interest on the funding or have an equity stake in the company that obtained the funding.

The source of finance that would be apt for Carlos to fund is business is venture capitalists.

8 0
3 years ago
Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of
Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.  

Contribution Margin RATIO  34%

Calculate the break-even point in sales dollars for Recline.    

Break-Even Point  $1.030.556

Explanation:

  • The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

      Income Statement

11.250       Quantities

$106          Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin  34%

-$281,250 Fixed Cost

$123,750 Operating Income

  • The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

 BREAK EVEN POINT

9.722        Quantities

$106         Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0            Operating Income

5 0
3 years ago
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